$SOL Short Trade Setup!

Entry (Short): $115.30 โ€“ $117.00 (current zone is valid if momentum stalls)

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Stop Loss: $120.00 (above resistance + psychological level)

Take Profit Targets:

TP1: $108.00

TP2: $102.50

TP3: $95.00 (strong demand zone)

Risk/Reward: ~1:2.5 depending on entry and exit

Structure: Lower high forming under major resistance

Trend: Bearish bias unless $120+ is reclaimed with strong volume

Trade Triggers to Watch:

4H/1H candle rejection at $116+

RSI bearish divergence

Volume fading on green candles

BTC stalling or rolling over

Summary:

This is a scalp-to-swing short with good structure and decent downside room. Stay flexible โ€” if SOL pushes above $120 with strength, cut the trade and reassess.

Solana (SOL) at the current price: $115.31

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